JAPEX Norge’s Post

🌊 Big Moves Underwater!🌊 Akastor ASA is diving deeper into the subsea world by taking full ownership of AKOFS Offshore! They've bought out Mitsui's 50% stake, making Akastor the sole captain of this subsea ship. 🚢💼 Why’s this exciting? AKOFS is all about subsea well intervention—a fancy way of saying they tackle tough jobs under the ocean, like fixing and installing equipment where it really counts. This bold move by Akastor means they’re doubling down on innovation and control in this high-tech, deep-sea arena. Expect advanced technology, reliable seabed solutions, and significant progress from these subsea specialists🦸♂️🌊 https://lnkd.in/eTbjaQUM

Evaluation of the performance of the Expro crew by Shell and the drilling ship Stena Forth about the performance of the crew of which I was a member.

This week on Bunkerspot, a bumper #shipbuilding contract in Asia! AW Shipping, a joint venture between ADNOC Logistics and Services and Services and Wanhua Chemical Group Group, placed an order for nine dual fuelled very large #ethane carriers and two very large ammonia carriers with Jiangnan Shipyard in China. According to AW Shipping, the total cost of for the VLECs is around $1.4 billion while the contract for the VLACs is priced at approximately $250 million. The agreement includes an option for two additional VLACs at the same price. Carnival Corporation issued a vote of confidence for #LNG as a marine fuel. The cruise giant announced an order with FINCANTIERI for three new LNG-fuelled ships for its Carnival Cruise Line brand. The 230,000 gross registered tonne vessels will be delivered in the summers of 2029, 2031 and 2033, respectively. The Energy Market Authority (EMA) Authority and the Maritime and Port Authority of Singapore (MPA) shortlisted two consortia, led by Keppel’s Infrastructure Division and Sembcorp-SLNG respectively, that will now move on to provide #engineering, safety and emergency response studies for an #ammonia project on Jurong Island covering power generation and bunkering. In other news, the number of bunker calls at the Port of #Gibraltar during the first five months of the year increased by 6%; Banle Group announced it had completed its inaugural bunkering in India earlier this month; and World Kinect’s Q2 financial results are a reflection of a wider market price calibration in recent months, with its income falling in Q2 2024 by 47.5% year-on-year. And finally, Petrospot Limited is delighted to announce the appointment of Reporter Tom Barlow-Brown. Tom, who joins from the Royal Institution of Naval Architects, will be covering all aspects of the #marinefuels and ship energy sector for the company’s Bunkerspot and ship.energy platforms. To catch up on all the latest bunker news visit Bunkerspot: https://lnkd.in/dFBXEdQ Image: ADNOC Logistics and Services #news #insights #maritime #technology #futurefuels #biofuel

Stay informed on the latest developments in the bunkering Industry! Check out this week’s roundup from Bunker Market, focusing on key updates and the energy transition. #Bunkering #BunkerTraders #BunkerSuppliers #Shipping #EnergyTransition

This week on Bunkerspot, we spoke with the International Bunker Industry Association's new Chair, Constantinos Capetanakis, who outlined his plans to raise the group’s profile during his term. We caught up with Oceanbird CEO, Niclas Dahl, who explained how #wind-assisted #ship #propulsion #technology has the potential to enable, rather than solve, the #maritime industry’s #decarbonisation challenges. In a move to accelerate the development of green #shipping corridors and the wider decarbonisation of the marine sector across #Scandinavia and the Baltic Sea, common carrier X-Press Feeders signed a Memorandum of Understanding with the ports of #Antwerp-Bruges, #Tallinn, #Helsinki, #HaminaKotka, #Riga and #Klaipeda. In other news, #energy major Chevron announced that it is chartering its first hybrid #electric bunker tanker, the Marine Dynamo, in Singapore; class society DNV said that although March had been a ‘quiet month’ for the ordering of alternative fuelled vessels - five new orders were confirmed - the overall trend ‘remains strong’; and the Sea Cargo Charter – the initiative set up four years ago to create a baseline for assessing and disclosing the #climate alignment of chartering activities – announced that it is expanding its scope to ‘fully include #shipowners’. To catch up on all the latest bunker news visit Bunkerspot: https://lnkd.in/dFBXEdQ Image: IBIA #news #bunkerfuel #insights #innovation #energytransition

Putin allowed the owner of the drilling company Eurasia to buy out 75% of the Kliver shipyard. A 50% share in Kliver LLC will be bought out from Eurasia Drilling, and another 25% from BKE Oifield Service. Russian leader Vladimir Putin gave permission to the new shareholder of the Eurasia Drilling Company, OOO Drilling Company Razvitie, to buy out shares in OOO Kliver (Kaliningrad) from its former owners. At the same time, 25% will be acquired from BKE Oifield Service Holdings, and another 50% from Eurasia Drilling Company. Recall that in the spring of 2022, EDC sold its then structure BKE to the holding OOO BK Razvitie, which is owned by structures close to LUKOIL. https://lnkd.in/eQK4uxiE #butov #innovation #management #humanresources #technology #digitalmarketing #entrepreneurship #careers #socialmedia #socialnetworking #futurism #startups #branding #advertisingandmarketing #creativity #marketing #sales #motivation #energy #money #sustainability #productivity #gettingthingsdone #leadership #education #strategy #business #europe #mindfulness #inspiration #engineering #africa #india #europeanunion #china #smallbusiness #success #production #oilandgas #collaboration #contentmarketing #research #globaltrade #onlineadvertising #dubai #kenya #abudhabi #socialmediamarketing #manufacturing #climatechange #oilandgas #work #oilgas #science #logistics #hydrocarbons #shipping #growth #uae #marketresearch #oil #oilindustry #oilandgasindustry #agriculture #designer #oilfield #oilindustry #petroleum #trading #gas #chemistry #chemical #petrochemical #agro #refinery #import #export #industrial #agribusiness #quality 

Galp spuds appraisal well on potential giant discovery in Namibia (+) - Upstream Online: Galp spuds appraisal well on potential giant discovery in Namibia (+)  Upstream Online

Have you heard of ‘product-as-a-service?’ If not, it might be just about time. For the industry to become more responsible, we need new and alternative business models that are not just good for profit, but also for people and the planet. A great example of this is our collaboration with Semco Maritime concerning equipment for offshore installations within the conventional energy industry. As the equipment is not needed permanently, but only during specific phases of the project, Semco Maritime has opted to hire the equipment from Mouritsen A/S rather than buying it. This means that Semco Maritime does not need to invest in new, expensive equipment, but is always guaranteed the right equipment at the right time. And we make sure that the equipment always fits the job and has the necessary documentation. All in all, it's a great example of where we as an industry are headed thanks to upcoming business models like ‘product-as-a-service’. There is still a long way to go, but it has been a pleasure to work with Semco Maritime on this project – hopefully, it can inspire others... Read the full story here: https://lnkd.in/dvjrBP-b

Suriname’s Roystonea and Fusaea Discoveries Could Support 100,000 b/d Development – WoodMac Petronas’ recent discoveries of Roystonea-1 and Fusaea-1 in Block 52 offshore Suriname are estimated to hold recoverable resources nearing 400 million barrels, as reported by UK-based consultancy group Wood Mackenzie. “This could be enough to support an FPSO [floating production storage and offloading vessel] with an oil processing capacity of up to 100,000 [barrels per day] b/d,” stated Mark Oberstoetter, Head of Americas Upstream. Key Discoveries and Developments • Roystonea-1: Announced in November 2023, this discovery is set to play a pivotal role in Petronas’ international upstream ventures. • Fusaea-1: The most recent discovery, spudded in February 2024 and drilled to a total depth of 5,227 meters, encountered several oil and gas-bearing Campanian sandstone reservoir packages. Julie Wilson, Exploration Research Director, noted, “Suriname is a bright spot from those exploration efforts. It plays to PETRONAS’ existing competencies in LNG [liquid natural gas] development while providing oil to offset its LNG-weighted portfolio.” Strategic Location and Partnerships • Block 52: Covers an area of 4,749 square kilometers, strategically located north of Paramaribo, Suriname’s capital, within the promising Guyana-Suriname Basin. • Partnerships: Petronas Suriname E&P operates the block with a 50% participating interest, while ExxonMobil Exploration and Production Suriname B.V. holds the remaining 50%. Additional Exploration Efforts • Sloanea Discoveries: Petronas discovered Sloanea-1 in 2020, with ongoing drilling at Sloanea-2. • Other Blocks: Petronas also operates Block 48 with a 100% participating interest and holds a 30% non-operating participating interest in Block 53, where the Baja-1 oil discovery was made in 2022. These discoveries and strategic developments underscore Suriname’s potential as a significant player in the oil and gas industry, leveraging Petronas’ expertise and partnerships to drive growth in the region. #OilAndGas #Suriname #Petronas #WoodMackenzie #Exploration #Roystonea #Fusaea #FPSO #LNG #ExxonMobil #EnergySector #GuyanaSurinameBasin

The return of another production sharing exploration block to Brazil’s oil and gas watchdog ANP - Agência Nacional do Petróleo, Gás Natural e Biocombustíveis reflects the lack of confidence in what remains of the country’s pre-salt potential. Of the production sharing blocks auctioned since the first bidding round in 2013, five have been returned: Peroba in 2021, followed by Saturno and Dois Irmãos in 2023, Três Marias early this year and Alto de Cabo Frio Oeste last week.  BNamericas spoke about the subject with Glauce Santos, Wood Mackenzie’s senior research analyst for the Americas, and Pedro Zalan, a geologist, founder and consultant at ZAG Consultoria. #energy #presalt #offshore #deepwater #productionsharing #explorationandproduction https://lnkd.in/dSCCV7Eu